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PROJECT ON
MARKETING POLICIES & STRATEGIES OF AMWAY
INTRODUCTION TO AMWAY
Amway is a direct selling company that uses multi-level marketing or network marketing to promote its products. Amway was founded in 1959 by Jay Van Andel and Richard DeVos.
MARKETING PLAN
The Amway Sales and Marketing Plan is a low risk, low start-up cost business opportunity that is open to everyone.
AMWAY INDIA Amway Corporation is a 42 year old
company, and is among the largest Direct Selling companies in the world. It was established in 1995.
TARGET GROUP
Men – Professionals and small business owners
Age - 23 - 50 years Income Status – Working class,
Middle income, upper middle income Women – Professional and housewife Age – 20 – 50 years
SWOT ANALYSIS OF AMWAY
STRENGTHS
WEAKNESSES
OPPORTUNITIES THREATS
STRENGTHS- THE INTERNAL ELEMENTS OF BUSINESS THAT IMPROVEMENT AND GROWTH:
Brand image Market share Vast network Environmental friendly
WEAKNESSESTHAT A BUSINESS AN MAKE IT FAILURE
Highly decentralized Less outlets Highly expensive Lack of brand awareness
OPPORTUNITIES Availability of application for
consumers & business use.
THREATS Strong competitor Competitor launching cheaper
product Change in government rules&
regulations
CONCLUSION
Amway has also helped solve the problem of unemployment in the country.
THANKING YOU